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Paramount Rebooting ‘The Ring’ as Found Footage Film?

The Ring
Dreamworks/Paramount

Found footage has proven highly profitable, particularly for horror films. Following the success of ‘Paranormal Activity’ and ‘The Devil Inside,’ Paramount‘s Insurge banner is understandably riding that gravy train until it ends — and now they want to marry that profitable gimmick with another highly profitable title: ‘The Ring.’

In an interview with The Hollywood Reporter, Paramount Film Group president Adam Goodman discussed what the future holds for the studio. Near the end of the interview, Goodman was asked about Insurge’s success with micro-budget features and what their upcoming plans might be for more found footage features. That’s when Goodman provided this little nugget of information:

‘The Ring’ is something that really lends itself to this format right now, so we’re talking to [producer] Walter Parkes about doing something with that.

Released in 2002 and itself a remake of the Japanese hit ‘Ringu,’ ‘The Ring’ was a huge success with mainstream American audiences who, at the time, were still unfamiliar with drippy, long-haired Japanese ghost girls. It also spawned a less successful sequel directed by original ‘Ringu’ director Hideo Nakata, who also directed the original Japanese version of ‘Dark Water.’

‘The Ring’ told the story of an investigative reporter (Naomi Watts, who also returned for the sequel) who found a mysterious VHS tape rumored to kill those who viewed it seven days later. After her son watches the tape, the woman frantically tries to solve the mystery behind it so she can save the life of  her young son.

It could very easily lend itself to a found footage concept considering the VHS aspect, but it calls to mind the upcoming horror anthology film ‘V/H/S,’ whose director list touts such talents as Ti West and Adam Wingard. That film’s wraparound story concerns a group of burglars who uncover a stash of VHS tapes in their target’s home, each tape containing various “real” horrors.

Still, while ‘The Ring’ is only a decade old, isn’t it a little soon to give it a makeover? Surely there are more original found footage ideas. We’re sure the security tapes from Mel Gibson’s house are horrific enough to inspire something.

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